---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-101252"
form_type: "8-K"
ticker: null
cik: "0001869824"
company_name: "Seaport Global Acquisition II Corp."
filed_at: "2023-09-15T23:59:59+00:00"
generated_at: "2026-06-10T16:44:11.220023+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Seaport Global Acquisition II receives Nasdaq deficiency notice for minimum holders and equity requirements

## Summary
- Nasdaq letter dated Sept. 12, 2023 cites failure to meet minimum 400 total stockholders (Rule 5450(a)(2)).
- Also fails to meet minimum $10M stockholders' equity (Rule 5450(b)(1)(A)) for Nasdaq Global Market.
- Company has 45 days to submit a compliance plan; Nasdaq may grant up to 180-day extension.
- If not cured, securities may be delisted; company may appeal or seek transfer to Nasdaq Capital Market.
- No assurance of regaining compliance; management evaluating available options.

## SEC filing metadata
- accession: 0001104659-23-101252
- form_type: 8-K
- cik: 0001869824
- company_name: Seaport Global Acquisition II Corp.
- filed_at: 2023-09-15T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1869824/000110465923101252/0001104659-23-101252-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1869824/000110465923101252/tm2326190d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-101252
- JSON: https://secwatch.observer/filing/0001104659-23-101252.json
- Plain text: https://secwatch.observer/filing/0001104659-23-101252.txt

## Key facts
- Listing & Compliance Notices
  Seaport Global Acquisition II Corp. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5450(b)(1)(A), 5450(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: stockholders equity
  - Rules: 5450(b)(1)(A), 5450(a)(2)
  source text: September 12, 2023, Seaport Global Acquisition II Corp. (the “Company”) received a letter (the “Letter”) from the Listing Qualifications division (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) stating the Company’s number of total stockholders failed to comply with the minimum 400 total holders requirement in accordance with Nasdaq Listing Rule 5450(a)(2) and that the Company’s stockholders’ equity failed to comply with the minimum $10 million requirement in accordance with Nasdaq Listing Rule 5450(b)(1)(A), in each case for continued listing on the Nasdaq Global Market (collectively
  evidence_url: https://www.sec.gov/Archives/edgar/data/1869824/000110465923101252/0001104659-23-101252-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.